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Cost side support firm ethyl acetate price high upward

According to the monitoring of the bulk data of the business agency, affected by the favorable support from the cost side, the market of ethyl acetate rose at a high level. As of December 9, the average price of enterprises in East China was about 7600 yuan / ton, up 11.23% compared with the beginning of the month and 15.02% higher than the same period of last month.

 

At present, the domestic ethyl acetate market continues to be strong. The prices of acetic acid and ethanol at the raw material end are running at a high level. The cost side support is favorable. The production enterprises push up the price of ethyl acetate. The overall purchasing of the downstream market is relatively flat, and the demand is mainly on demand. There is a certain resistance to the high price of ethyl acetate. At present, there are about 7900 yuan / ton in East China, 7650 yuan / ton in North China and 8100 yuan / ton in South China.

 

In terms of raw materials, the acetic acid market continued to rise, reaching the highest price in the year. Some regions broke through the 5000 yuan / ton mark. The overall market supply tension continued, and the supply gap was difficult to make up in a short time. After the rain and snow, grain prices in Northeast China rose again, and the domestic corn market as a whole entered the stage of long space game, while the demand for liquor in the downstream was mainly from rigid demand. At present, ethanol in East China was about 6925 yuan / ton.

 

The international market price of ethyl acetate has been rising steadily. The port price in European market is about 1200-1400 euro / ton, and the port price in North America is about 780 US dollars / ton.

 

The ethyl acetate analysts of the business club believe that the high price of raw material acetic acid is the basis for supporting the stable operation of the ethyl acetate Market. In order to prevent the increase of future market storage pressure, the production enterprises are more stable in shipping, and the transaction in the downstream market is flat and mainly wait and see. It is expected that the ethyl acetate Market will run at a high level in a short period of time.

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Fluorite and hydrofluoric acid prices rose steadily, while aluminum fluoride prices went up

The upstream fluorite and hydrofluoric acid market rose steadily, and the ex factory prices of some aluminum fluoride enterprises increased slightly. According to business agency data, the domestic price of aluminum fluoride on December 4 was 9166 yuan / ton, a slight increase of 1.85 yuan compared with the beginning of the week.

 

The price trend of upstream fluorite market is stable. As of the end of the week, the domestic fluorite price was 2616.67 yuan / ton, and the domestic hydrofluoric acid spot supply was slightly tight. The hydrofluoric acid on-site equipment was partially overhauled, and the hydrofluoric acid market price rose slightly. So far, the mainstream hydrofluoric acid negotiation in the southern region is 8000-8500 yuan / ton, and the hydrofluoric acid price in the northern market is 8000-8800 yuan / ton.

 

The prices of fluorite, hydrofluoric acid and other raw materials in the upstream have increased steadily, and the prices of some aluminum fluoride manufacturers have slightly increased. However, at present, the overall operating rate of aluminum fluoride remains high and the market supply is sufficient; the overall price of aluminum fluoride market is relatively stable.

 

Business agency chemical branch of aluminum fluoride industry analysts believe: upstream fluorite. The price of hydrofluoric acid has been rising steadily, but it has not been able to act continuously. Only a few manufacturers have raised the price of aluminum fluoride. It is expected that the price of aluminum fluoride will be stable.

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In recent five days, the price of propylene in Shandong Province has risen steadily, up nearly 5%

1、 Price trend

 

According to the data from the business club’s bulk list, the domestic propylene (Shandong) market price has been rising continuously in recent five days, with a low price of 7735 yuan / ton on Thursday (December 3), a high price of 8095 yuan / ton today (December 7), and an increase of 4.66% on the fifth day.

 

2、 Analysis and comment

 

According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price remained stable again. On the 4th, the overall upward trend began. On weekends, the market continued to rise by about 100 yuan / ton. At present, the market turnover rose to 8050-8200 yuan / ton, and the mainstream price was about 8050 yuan / ton. In the early stage, some manufacturers temporarily stopped propylene plant, but production has not been resumed. Now, the manufacturer’s inventory is not under pressure, and the shipment situation is good.

 

On December 4, crude oil prices continued to rise slightly, which had a slightly positive impact on propylene.

 

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In the past five days, the spot price of PP stabilized after a small decline, with a decrease of 0.38% in the five days. The futures market is relatively ideal and has a limited impact on propylene.

 

In recent five days, the market of acrylic acid remained stable, and had no impact on propylene.

 

Propylene oxide market rose slightly in recent five days, with an increase of 0.58% in the five days. However, it had a significant downward trend on December 1, with a one-day drop of 3.74%, so it may have a slight negative effect on propylene.

 

Epichlorohydrin has declined in recent five days, with a decrease of 3.14%, which has a slightly negative impact on propylene.

 

In recent five days, the domestic price of n-butanol rose slightly and then fell back, with a decrease of 0.37% and a 5-day amplitude of 1.45%, which had a limited impact on propylene.

 

In recent five days, octanol market rose significantly and then stabilized, with a 5-day increase of 4.90%, which had a positive impact on propylene.

 

In recent five days, isopropanol market rebounded after a small decline, with a decrease of 0.35% and a five-day amplitude of 0.70%, which had little impact on propylene.

 

In the past five days, phenol in East China declined slightly and then stabilized, with a decrease of 0.29% on the fifth day, which had no significant impact on propylene.

 

In recent five days, acetone in East China stabilized after a sharp decline, with a decrease of 6.08% on the fifth day, which had a more obvious suppression effect on propylene.

 

3、 Future forecast

 

The propylene analysts of the chemical branch of the business society believe that: in a comprehensive view, the existing propylene manufacturers have stopped production, with less inventory and smooth shipment. The crude oil price has risen, and the downstream market is general. Some downstream operating rates have slightly increased, and the polypropylene futures market is fair. Therefore, it is expected that the price of propylene may continue to rise in the near future due to limited propylene production and favorable crude oil.

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Sodium metabisulfite price decreased slightly this week (11.30-12.04)

1、 Domestic sodium pyrosulfite price trend chart

 

According to the monitoring of the business agency, the price of domestic sodium pyrosulfite continued to be weak and adjusted this week. The average price of industrial sodium pyrosulfite at the beginning of the week was 1750.00 yuan / ton, and the average price at the weekend was 1700.00 yuan / ton, with a decrease of 2.86% during the week.

 

2、 Market analysis

 

This week, the overall market performance of sodium metabisulfite market was average. Affected by the continuous fall of raw material cost, some enterprises have reduced the factory price of sodium pyrosulfite in succession in December. The market price range of industrial sodium pyrosulfite is 1550-1750 yuan / ton, and most prices are concentrated in 1600-1700 yuan / ton. The production of the enterprise is stable, and the inventory is maintained at about 30%. The enterprise mainly completes the orders of old customers, but the increase of new orders is limited. (the above prices all refer to the external quotation of domestic mainstream enterprises, and some unreported enterprises are not included in the scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact all manufacturers for details.).

 

This week, the price of domestic soda ash decreased by 5.33% again, and the price of sulfur rose by 3.48%. Generally speaking, the cost of upstream raw materials continued to decline, and the cost of raw materials was lowered again, and the market price of domestic sodium pyrosulfite market was adjusted accordingly.

 

3、 Future forecast

 

Business analysts believe that the upstream raw material prices continue to fall, the downstream trade entities’ wait-and-see attitude increases, and the overall market price of sodium metabisulfite is under pressure, and it is expected that there is still some room for decline in the future.

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Strong cost support, strong acrylic price operation

1、 Acrylic acid price trend

 

(Figure: P value curve of acrylic acid products)

 

2、 Market analysis

 

Recently, the acrylic acid market has been running steadily, with a steady rise on December 3. As of December 3, the average price of acrylic acid quoted in East China was 9500 yuan / ton, up 6.34% compared with last Thursday (November 26) and 1.38% lower than that on November 3, according to the data from the bulk list of business agencies.

 

Recently, the price of raw material propylene is high, and the cost support is strong. It is reported that the spot supply of the market is limited, the enthusiasm of downstream inquiry is general, and the market transaction is on demand. The focus of acrylic acid price negotiation is steadily rising.

 

Upstream propylene, on December 2, the market price of propylene in Shandong continued to be stable. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. At the end of the month, the price was stable again, and it is still stable today. The transaction volume in the market is still between 7550 yuan / ton and 7900 yuan / ton, and the mainstream price is between 7650 yuan / ton and 7700 yuan / ton. Now the factory stock is small, the shipment situation is good.

 

The commodity price index of propylene and acrylic acid on December 2 was 118.75, flat with yesterday, down 45.67% from 218.56 (2020-04-13), and 27.30% higher than the lowest point of 93.28 on November 06, 2012. (Note: period refers to 2012-01-01 to present)

 

3、 Future forecast

 

Acrylic acid analysts from the business community believe that the price of raw material propylene is high in the near future, the cost support is strong, and the atmosphere of downstream inquiry and purchase is not so good. It is expected that in the short term, the acrylic acid market will be mainly organized and operated at a high level, and more attention should be paid to market information guidance.

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